Martin Manufacturing has two manufacturing departments, Forming and Painting. The company uses the wolghted-average method and it reports the following data. Units completed in the Forming department are transferred to the Painting department. Direct materials Conversion Percent Units Percent Complete Complete Beginning work in process inventory 110,000 608 400 Units started this period 1,220,000 Units completed and transferred out 1,200,000 Ending work in process inventory 130,000 808 300 Production cost information for the Forming department follows. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 199,200 81,200 $ 280,400 $ 6,842,400 5,370,400 12,212,800 Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department Multiple Choice $5.40 per EUP direct materials: $4.40 per EUP conversion $5.29 per EUP direct materials: 5412 per EUP conversion $5.25 per EUP direct materials: 5433 per EUP conversion $5.07 per EUP direct materials 4.99 per EUP conversion $5.87 per LUP direct materials: $4.54 per EUP conversion